ARTICLES ABOUT ED BY DATE - PAGE 5

ET Now caught up with David Gaud, Senior Portfolio Manager, Asia ex-Japan Equity, Edmond De Rothschild Asset Management, for his take on the global markets, including the Indian market, and his expectation from the ECB meet. Excerpts: ET Now: It has been nothing short of a volatile week for the global markets as well and just when we thought that maybe days like Wednesday or Thursday provided some cheer, Friday again put paid to the hopes of the bulls with both the European and the US markets ending the day in the red. What do investors watch out for?

PANAJI: Enforcement Directorate (ED) has summoned Goa mining magnet Anil Salgaocar to appear before it on January 21 and some other company chiefs in connection with its investigation into the money laundering aspect of the mining scam. The central agency is probing 16 companies, including Salgaoncar Mining Industries, for allegedly carrying out illegal mining and their suspected involvement in money laundering. A senior ED official today said Salgaoncar has been asked to be present before investigating authorities here on January 21. The Directorate has also summoned representatives of some other companies, including Managing Directors of Balaji Mines Minerals (January 22)

NEW DELHI: The Enforcement Directorate (ED) has issued summons to Pakistan International Airlines (PIA) in connection with alleged violation of forex laws in purchase of local properties by the neighbouring country's flag-carrier here. The PIA's local office in-charge in the national capital has been issued summons for appearance and submission of documents after the probe agency found that it has "acquired/ purchased" some immovable official premises in alleged contravention of the Foreign Exchange Management Act (FEMA)

NEW DELHI: Businessman Gautam Khaitan was today granted bail by a Delhi court in a money laundering case related to Rs 3,600 crore VVIP chopper deal , more than three months after he was arrested by Enforcement Directorate (ED). Special CBI Judge V K Gupta allowed the bail application of Khaitan, who was arrested in September last year in the case in which CBI is also running a separate probe. During the arguments, ED had opposed Khaitan's bail plea alleging that he was behind the "parking" of alleged kickbacks in the matter and the agency was conducting further probe into the matter.

NEW DELHI: Enlarging the ambit of its money laundering probe into the coal blocks allocation scam, the Enforcement Directorate (ED) has registered 17 fresh criminal cases against firms from various parts of the country. The ED had already filed 16 PMLA FIRs in this probe. "The agency has filed 17 new FIRs in the coal blocks allocation matter. These cases, filed under the Prevention of Money Laundering Act (PMLA), are against firms based in several states including Chhattisgarh, West Bengal, Andhra Pradesh and Odisha," official sources said.

KOLKATA: Undertaking its biggest action in a suspected education scam, Enforcement Directorate (ED) today attached assets worth Rs 110 crore of a Sikkim-based private university which is alleged to have duped numerous students by issuing fake degrees. Using the provisions of the Prevention of Money Laundering Act (PMLA), the agency has attached cash of Rs 25 crore lying in bank accounts while the rest of the seizure value pertains to land assets in states like Rajasthan, Chhattisgarh, Jharkhand, West Bengal and Haryana belonging to the institute, which was identified as the Eastern Institute for Integrated Learning in Management (EIILM)

NEW DELHI: A special court on Tuesday allowed ED's plea to drop DMK supremo M Karunanidhi's daughter S Selvi as a witness in the 2G scam-related money laundering case. Earlier, the probe agency had moved the court naming Selvi a prosecution witness in the case in which Selvi's step sister DMK MP Kanimozhi and mother Dayalu Ammal are facing trial. The court's order came after ED's special prosecutor NK Matta contended that the agency does not wish to examine Selvi and T Siva Subramanian as witnesses in the case.

NEW DELHI: Enforcement Directorate (ED) today opposed in a Delhi court the bail plea of businessman Gautam Khaitan , arrested in connection with the money laundering case related to Rs 3,600 crore VVIP chopper deal, claiming that he was behind the "parking" of alleged kickbacks in the matter. ED's prosecutor N K Matta told Special CBI Judge V K Gupta that the agency was conducting further investigation in the case and Khaitan was not cooperating in the ongoing probe. "A total of 70 million Euros (Rs 360 crore)

NEW DELHI: Enforcement Directorate (ED) has been directed by a Delhi court to respond to the bail plea filed by businessman Gautam Khaitan , the lone accused arrested in connection with a money laundering case related to Rs 3,600 crore VVIP chopper deal. Special CBI Judge V K Gupta will tomorrow hear arguments on the bail plea. Khaitan was earlier refused bail by the court which had taken cognisance of ED's charge sheet filed in the case against five accused, including two Italian nationals, Gerosa Carlo Valentino Ferdinand and Haschke Guido Ralph.

INDORE: The Enforcement Directorate today booked a cement company here under the Prevention of Money Laundering Act in connection with the coal scam. "Revati Cement Private Limited has been booked by the ED on the basis of an FIR filed against it by the Central Bureau of Investigation (CBI) regarding allotment of a coal block," an ED official said. He said that the ED is going through the FIR and gathering information on financial transactions of the cement company's director.